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maduction process and ending work in process inventory is 30% information provided to complete a production cost report Stocco For 1000 20 Tendered sar 5.000
maduction process and ending work in process inventory is 30% information provided to complete a production cost report Stocco For 1000 20 Tendered sar 5.000 20,000 19.000 Process Costing (5 points) Materials are added at the beginning of a production process, and ending work in process inventory is 30% complete with respect to conversion costs. Use the information provided to complete a production cost report using the weighted-average method. Costs to Account For Beginning Inventory: materials $ 10,000 Units to Account For Beginning work in process 5,000 Beginning inventory: conversion 19,000 Direct materials 50,000 Units started into production Transferred out 20,000 19,000 Direct labor 75,000 Applied overhead 37,248 Total costs to account for $191,248 10,000 + DM+ OL 50,000+ 75,000 125,000
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